1. (a) A defense to a foreclosure action may not be based on any of the following:

   1. (1) Any irregularity in the proceedings making, ordering, or directing the assessment.
   2. (2) The propriety or expediency of any improvement.

2. (b) A property owner may not raise any defense to a foreclosure action if the owner has done the following:

   1. (1) Exercised the option to pay the owner's assessment in installments.
   2. (2) Signed a waiver.

As added by P.L.98-1993, SEC.7.